FREEHOLD Bookshop with Accommodation / Cafe Potential – Ballarat, VIC

Business ID: BS154514

UNIQUE OPPORTUNITY – HISTORIC PROPERTY – PROFITABLE BUSINESS

Considered one of Victoria’s most beautiful and eclectic bookshops, the Known World Bookshop has the potential to deliver multiple income streams.

The historic 3-storey 1870s redbrick building includes a fully self-contained 1-bedroom apartment, al fresco dining area, built in wood-fired pizza oven - and the kitchen meets council requirements for food handling premises.

Live onsite, rent out the apartment, open a B&B or add a funky café to this already successful business!

There’s also potential to grow this popular second-hand bookshop online – currently about 30% of sales come via ABE books, an eBay Online Bookshop and phone – approx. 70% through the shop.

   -  Trading in Ballarat and district for 22 years



   -  Situated on centrally located Main Road – one of Ballarat’s most important and historic streets



   -  Renowned for its beautiful collection of books and quirky ambience



   -  Loyal customer base – Described as “A little spot of brilliance in the universe” by one regular



   -  Hand-curated collection of books - History, the Arts, Literature, Children’s books and much, much more



   -  Located in the historic Bakery Hill precinct (site of the Eureka Rebellion of 1857)



   -  Precinct includes Ballarat’s award-winning Mr Jones Restaurant, a busy antiques shop, popular vintage clothes emporium, and a second-hand collective



   -  Close to 2 major supermarkets and Sturt Street (Ballarat’s main boulevard)



   -  Comprehensive database - Shop would benefit from a dedicated website  



   -  Potential to also sell fine prints and artworks



THE BUILDING:

Rewired within the last 10 years - Maintenance kept up to the highest standards

Beautifully appointed 1-bedroom apartment above the shop with rear access

Bookshop occupies the ground floor and basement – with working fireplace

Basement has access to the outside patio and decking - Al fresco dining area at the rear

Secure off-street parking for 1 vehicle with remote roller door access  

Storage room (with built in wood-fired pizza oven) and kitchenette (stainless steel sink and benchtops, additional handwashing station and coving)

THE BUSINESS:

Ideally suit booklovers or the astute investor. No specialist knowledge required. Onsite training in all aspects of business operation, database management and processing internet orders provided.

ASSETS INCLUDE:

   -  Handcrafted and finished customised bookshelves with handcrafted timber overhead lighting



   -  Antique display cabinets - Antique cash register - Numerous antique lamps



   -  Stools – steps - library ladder - freestanding bookshelves



   -  Database  



   -  All books (Current SAV between $120,000 and $150,000)



Price: $950,000 - Freehold + Business

($850,000 building + $100,000 business, stock, fittings and fixtures)

Property Code: 3420